Global law firmK&L Gates LLPadvised Universal Stainless & Alloy Products, Inc., a US-based producer of specialty steel products for aerospace and industrial applications, through its merger with Luxembourg-headquartered Aperam S.A., a global leader in stainless, specialty steel solutions and recycling. Aperam acquired Universal in an all-cash deal with an equity value of approximately $447 million.
The K&L Gates multidisciplinary team was led by partnerMichelle McCreery(Pittsburgh) and included partnersHenry Snyder(Pittsburgh),Jeffrey Acre(Pittsburgh),Kelly Terribile(Wilmington),Ali Nardali(San Francisco),Vishal Mehta(Washington, D.C.),Steven Hill(Washington, D.C.),Jessica White(Pittsburgh),Francesco Carloni(Brussels),Gabriela da Costa(London),Jennifer Marsh(London),Scott Graham(Pittsburgh),Michael Hart(Pittsburgh),Michael Pavlick(Pittsburgh),Tad Macfarlan(Harrisburg),Joanna Diakos Kordalis(New York), andYoanna Stefanova(Luxembourg), counselJohn Susoreny(Chicago) andMichael Hofmann(Brussels), and associatesLauren Brown(Nashville),Jeff Pititto(Charlotte),Alden Glass(Charlotte),Lindsey Taulbee(Charlotte),Olivia Stitz(San Francisco),Kat Goebel(Pittsburgh),Samantha Beatty(Pittsburgh),Sam Boden(Harrisburg),Henry Brockway(Seattle), andNiall Lavery(London).
Founded in 1994 and headquartered in Bridgeville, Pennsylvania, Universal manufactures and markets a range of specialty steels, including stainless steel, nickel alloys, tool steel, and other alloyed steels. The company's products are used in a variety of industries, including aerospace, energy, and heavy equipment manufacturing.